Jan 17 NII Holdings Inc, which provides
telecom services under the Nextel brand in Latin America, said
it would offer Apple Inc's iPhone 5S and iPhone 5C to
its customers in Brazil, sending its shares up 25 percent before
NII has been facing stiff competition from Telefonica Brasil
SA and billionaire Carlos Slim's America Movil
as they lure NII's higher-paying business customers
with unlimited call plans and faster and bigger networks.
NII, which targets businesses in Mexico, Brazil, Argentina
and Chile, said in December it would cut jobs as part of a
restructuring plan aimed at regaining market share.
Shares of the company were up 25 percent at $2.97 in
premarket trading on Friday.